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Which type of reasoning approach relies on observations to make predictions about general principles?
Lead Indicators
Metrics that provide early signs of future trends, allowing businesses to anticipate changes and adjust strategies accordingly.
Invested Capital
The total amount of money that shareholders and debt holders have invested in a company for long-term use.
Idle Capacity
Unused or underutilized production or operational capacity within a business, often resulting in inefficiency and increased costs.
Excess Equipment
Unused or surplus machinery and tools that exceed the current production needs of a company.
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